Trading activities in the equity segment of the Nigerian Stock Exchange, NSE, plummeted on Tuesday, January 12 when investors flooded market with supply as stocks tumbled further.

Market capitalization which opened at N9.062 trillion slid by N108 billion to close at N8.954 trillion.

The NSE All Share Index depreciated by 1.20 per cent to close at 26,034.93 basis points, compared with the 2.51 per cent depreciation recorded previously.

Market breadth closed negative as May & Baker led 9 gainers against 31 losers topped by FBN Holdings at the end of the trading session which was an improved performance when compared with previous outlook.

Market turnover closed positive as volume moved up 74.87 per cent against 48.80 per cent decline recorded in the previous session. Guaranty Trust Bank, FBN Holdings and UBA were the most active to boost market turnover.

7-Up Bottling Company and Guaranty Trust Bank top market value list. Top on gainers’ log was Portland Paints Plc with a gain of N0.19 kobo to close at N4.13 kobo, followed by Eterna Plc with N0.08 kobo to close at N1.69 kobo, Access Bank Plc with N0.05 kobo to close at N4.60 kobo per share, and May & Baker Plc with a gain of N0.05 kobo to close at N1.05 kobo per share. On the other hand P. Z. Plc topped losers chart with N1.08 kobo to close at N21.13 kobo, Ashaka Cement Plc with N0.96 kobo to close at N24.24 kobo per share, Cadbury Nigeria Plc with N0.81 kobo to close at N15.49 kobo and Guaranty Trust Bank Plc with N0.65 kobo loss to close at N17.25 kobo per share.

http://www.financialwatchngr.com/2016/01/12/apply-cbn-agricultural-loan-2016/

Lalasticlala

So bad for my country

effects of buari's body odor.

Kk

Wow...meanwhile dollar racing to N500. I dey come make i go come back.

Nigeria!!! These need to be looked into, adequate measure is needed to be put in place to prevent further loss. God will help our leaders to guide us right.

That's on the high side. I know what we're experiencing in this nation is a means to an end... and I believe that end will definitely be a good one.

Sad. It shall be well soon
Boom and bust cycle.

Hmmmmm..

Its well!

Check my signature for ur customised wristband

Naija... Which way

e never dey fall...''chanji'' is happening there.

too bad

Ok..
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Seen..Now Visit www.SolutionClass.com

Tell me u are joking

The economy is looking like Pmb's albatross.
The best APC fans can do is to shop for an experienced economist for baba.
Buharinomics isn't working, it never worked.

Seems the Kemi Adeosun lady is not up to the task...


Buhari should reshuffle the economic team, this is becoming embarrassing.

#BlameGEJ#....Lie Muhammed

I will not say all, but most of them affected can cry me a river.. Tell us how you got the money invested first and we'll see if you really had knowledge of what you were doing from the begining.

Very few comments. Where are nairaland commentators?. This is not Davido , buhari and dasukigate post. This demands professional insights before altering a word. Are you sleeping or could it be eyes right. Hahaha ok. Your at work. Let's believe so. Amen.

The oil problem is getting worse for Naija

naira and the economy are like PMB's scrotum, both are always falling

Quote me and die tomorrow

Let me drop a lyrics from a song by asa... *fire on the mountain* dedicated to the lying liars....


There is fire on the mountain
And nobody seems to be on the run
Oh there is fire on the mountain top
And no one is running

One day the river will over flow
And there'll be nowhere for us to go
And we will run, run
Wishing we had put out the fire

chesterlee:
Seems the Kemi Adeosun lady is not up to the task...


Buhari should reshuffle the economic team, this is becoming embarrassing.

a typical example of children of hate.. They always try to hold someone responsible

Hi Stock experts in the house can u please throw more light on this news, I mean what effect does this have on a person who has shares with lets say First Bank...??

chesterlee:
Seems the Kemi Adeosun lady is not up to the task...


Buhari should reshuffle the economic team, this is becoming embarrassing.

She has not really proven her mettle but as it is now, the economy and the country don't have the luxury of time.

Montaque:
The economy is looking like Pmb's albatross.
The best APC fans can do is to shop for an experienced economist for baba.
Buharinomics isn't working, it never worked.

A new economist would do what we are doing right now....hold off devaluation until either oil prices rise(as in 2008/9) , or devalue.

When the money was flowing in I had no idea, now that its lost i domt think i should give a rat's behind about it.

Oh well....even foreign buyers are holding out for my exports believing 1 dollar could get N500 by year's end and they could buy me and my services for a pack of cigarettes. Even if all the money all the life blood is recovered from Dasuki will 2 billion dollars raise the dead.

By 1985 when the man was ejected the economy was in far worse shape than the hey days of the Shagari 'squandermania' regime. Seems we learn little from history. That when your house is on fire you rescue your belongings and put out the fire AT THE SAME TIME. One calendar year approaches. May corruption not find a tag-team partner in disgruntled, disillusioned, discouraged Nigerians just as IBB did....in 1985.

Buhari is operating a one chance economy.

Montaque:
The economy is looking like Pmb's albatross.
The best APC fans can do is to shop for an experienced economist for baba.
Buharinomics isn't working, it never worked.

We reminded!
We warned!!
Many did not listen!!!



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